politics, news, and common sense

New Bailout Bill Size of Novel, Includes Pork

Written by commonsensejournal on October 2nd, 2008

no, not vital money for education, police, defense, the basic functions of government…

but millions of dollar giveaways of taxpayer dollars, putting the country more in debt for free giveaways. Remember the mostly Democrats, and also some of the Republicans, who betray our nation this way, so we know not to vote them back into office.

The special provisions include tax breaks for:

* Manufacturers of kids’ wooden arrows – $6 million.

* Puerto Rican and Virgin Islands rum producers – $192 million.

* Wool research.

* Auto-racing tracks – $128 million.

* Corporations operating in American Samoa – $33 million.

* Small- to medium-budget film and television productions – $10 million.

All for a bill that is supposed to bail out Wall Street, because they let irresponsible people borrrow too much money and sucked all the credit up! And all because the people got into too much debt and got a huge house they can’t afford, instead of getting a smaller one.

The vote’s tomorrow. There’s $150 billion of additional spending. Remember, YOU owe this money as a taxpayer, and YOU are taking on the debt because of the greed of Wall Street and the greed of irresponsible borrowers. YOU are now responsible for “toxic debt” that will NOT make money. America will lose money.